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796cc Ducati bike in India for under 5 Lakhs on-road possible?

It seems almost unbelievable. But I have it straight from the horse's mouth, so to say. Met Graham at Cavala - he is the India points-person for Porsche and is busy setting up their Goa dealership right now.

Also happens to be launching the Ducati dealership. He tells me that they have firmed up plans to launch a 796cc Ducati bike made-in-Thailand that's gonna be launched here for under 5 lakhs on road! Could this be the Hypermotard?